[Form 4] Benchmark Electronics Insider Trading Activity
Rhea-AI Filing Summary
Charles M. Swoboda, a director of Benchmark Electronics, Inc. (BHE), acquired 3,622 shares of the company's common stock via a restricted stock unit award. The reported transaction date is 08/21/2025 and the acquisition is recorded at a price of $0 because the shares are represented by restricted stock units (RSUs) that convert into common shares. Following the grant, Mr. Swoboda beneficially owns 3,622 shares in a direct capacity. The RSUs are scheduled to vest either one year from the date of grant or at the next annual shareholder meeting, whichever occurs earlier. The Form 4 was signed on behalf of Mr. Swoboda by Jason Eastburn under power of attorney on 08/25/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Director received time‑based RSUs totaling 3,622 shares that vest on a one‑year or next‑meeting schedule.
The filing documents a standard equity compensation grant to a director rather than a market purchase or sale. The RSU structure aligns the director's interests with long‑term shareholder value by delaying transfer until vesting. The grant amount (3,622 RSUs) is explicitly noted and is recorded as direct beneficial ownership after the award. No sales, option exercises, or derivative transactions are reported. This is a routine governance disclosure reflecting compensation, not a change in control or unusual insider trading activity.
TL;DR: Transaction reports acquisition of 3,622 RSUs at $0, increasing director's direct beneficial ownership by the same amount.
The Form 4 shows an acquisition coded as 'A' for 08/21/2025 with a zero reported price because the instrument is an RSU award convertible into common shares. The vesting condition—one year from grant or the next annual meeting—suggests time‑based retention rather than performance‑based payout. There are no derivative holdings disclosed and no change in outstanding option positions on this form. The disclosure is material for ownership tracking but does not indicate liquidity events or market sales.